Taxes and expenses

Expenses Not Included in the Price

  • Property Transfer Tax (ITP): Currently 6% in the Community of Madrid for resale properties (except in specific cases).
  • Notary fees.
  • Land Registry fees.
  • Other expenses inherent to the purchase and sale transaction.

Estimated total (for guidance only): Between an additional 7% and 10% on top of the purchase price, depending on the buyer’s circumstances.

Agency fees are covered by the seller. The buyer pays no commission. Intermediary agency: Mediación Mercado Inmobiliario S.L. – Tax ID (CIF) B87809653

Madrid Inmuebles, venta y alquiler de casas y pisos en Madrid. Servicios inmobiliarios en Madrid

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